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Capitaland India Trust ( (SG:CY6U) ) has issued an update.
CapitaLand India Trust has announced the pricing of S$100 million 4.40% subordinated perpetual securities under its S$1.5 billion Multicurrency Debt Issuance Programme. The funds raised will be used to refinance existing borrowings, repay loans, and support business activities, acquisitions, and general working capital, potentially enhancing the trust’s financial flexibility and operational capacity.
The most recent analyst rating on (SG:CY6U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Capitaland India Trust stock, see the SG:CY6U Stock Forecast page.
More about Capitaland India Trust
CapitaLand India Trust operates as a business trust under the Business Trusts Act of Singapore. It is managed by CapitaLand India Trust Management Pte. Ltd. and focuses on real estate investments and related financial services.
Average Trading Volume: 2,097,442
Technical Sentiment Signal: Buy
Current Market Cap: S$1.35B
Find detailed analytics on CY6U stock on TipRanks’ Stock Analysis page.